Managers of Wealth

Investment vehicle of Morocco's royal family hires Goldman, Rothschild to sell bank stake

SNI could sell at least 19 percent of one of Morocco and Africa's biggest banks for an estimated 900 million euros ($1 billion)

Ex-pat wealth manager seeks UK advisers to double number

The business currently employs 21 advisers and is planning to expand on the back of growing demand for investment advice in the likes of France, Spain, Portugal, Malta and Cyprus.

Consolidation surges in UK wealth management

Pricing pressures, low interest rates and additional regulation have combined to prompt consolidation in the wealth management industry as companies rush to exploit potential cost savings.

Wealth Managers Target African Millionaires

Banks based in Geneva, London, New York and the Channel Islands have long been the preferred service providers to Africa’s ultra-wealthy

7IM founder does not want to return to a “large corporation”

Justin Urquhart Stewart, a co-founder of Seven Investment Management, said he would not want to return to the ethic of a large corporation

BBC set to name businessmen who have put their cash in Swiss banks without informing the taxman

The Bank of Tax Cheats will be shown at 8.30pm on Monday.

Butterfield Group Receives Euromoney Awards

Butterfield Group today announced that it has received awards for Net-Worth-Specific Services for Super Affluent Clients in the Cayman Islands, and for Succession Planning Advice and Trusts in Guernsey in the 2015 Euromoney Private Banking and Wealth Mana

Manulife merges AM, wealth units in Asia

The insurer's merger of its asset and wealth management divisions in the region is seen as an effort to cut costs and boost efficiency, following similar moves by banks in recent years.

2 Canadian Banks Looked Into Buying Boston Private Bank

Two of Canada’s biggest banks looked at Boston Private Bank & Trust Co. as a potential acquisition target

Rochussen: why JO Hambro Capital Management will always be a boutique

Despite running over £16.2 billion in assets, JO Hambro Capital Management remains a boutique in the eyes of chief executive Gavin Rochussen

Asset management sector well positioned ahead of pension changes

Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018

UK wealth manager explores sale options

One banker suggested the company could be sold for a £50m-£60m price tag, around 10-12 times earnings.

Panmure upbeat on opportunity for European Wealth Group

Wealth manager European Wealth is building a profitable business with plenty of upside through potential earnings enhancing acquisitions, reckons broker Panmure, which has started covering the shares.

Asset management sector well positioned ahead of pension changes

Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018

UniCredit Bank is the Best Bank for Private Banking in CEE

UniCredit Bank is the Best Bank for Private Banking in Central and Eastern Europe

DBS raring to grow after SocGen unit takeover

There are strong rumours that DBS may already be eyeing another acquisition

Focus Financial Partners Congratulates Joel Isaacson on Receiving the AHRC Business & Philanthropic Leadership Award

Joel was presented with the award at the AHRC’s 35th Annual Thurman Munson Awards Dinner in New York on 3 February

SocGen to Dismiss 1,180 in Brazil, Take $229 Million Charge

Societe Generale fell as much as 2 percent and was down 1.6 percent at 37.04 euros

New wealth firm launches in Manchester and London

Lasenby Knox, a new wealth management and financial planning firm, has launched with offices in Manchester and London.

Banque Heritage says to buy client assets from StanChart Swiss unit

Banque Heritage said on Thursday it will buy client assets from British bank Standard Chartered for an undisclosed price

Wealth and Asset Management